Economic Research Institute Study paper
Utah State University
Economic issues often dominate the election debates. The voters are urged to choose between seemingly opposing economic policies with supposedly different outcomes. The purpose of this note is to critically examine the validity of the very basic concept of voters' economic choice. For this purpose, two radically opposed models of government are developed and presented. The electorates, economic choices, and the outcomes within each model are outlined. The theoretical foundations of each model are examined within the confines of recent economic policies. The conclusion delineates several suggestions aimed at improving our existing political and economic system.
Saunders, Peter J., "Economic Choices Under the Revenue- Maximizing Model of Government" (1985). Economic Research Institute Study Papers. Paper 433.